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MUTUAL FUNDS NEWS
Mutual fund industry AUM surges 35% at Rs 53.40 lakh crore in March: ICRA Analytics
Fri, Apr 26, 2024     Source : Economic Times
The assets under management of the Indian mutual fund industry surged 35% and stood at Rs 53.40 lakh crore in March 2024 as compared to Rs 39.42 lakh crore in March 2023, according to a report by ICRA Anal...
MUTUAL FUNDS NEWS
Mutual Funds: Net AUM declines marginally to Rs.53 lakh crore in March
Thu, Apr 11, 2024     Source : Mint
The mutual fund (MF) industry’s net assets under management (AUM) declined by 2 per cent to ?53,40,194 crore at the end of March 2024, as against ?54.54 lakh crore as on February 29 this year, data release...
MUTUAL FUNDS NEWS
Local MFs tighten equity AUM grip further, close in on FPIs
Tue, Apr 09, 2024     Source : Economic Times
The weight of domestic mutual funds has been rising in the equity market amid unabated inflows from retail investors.
MUTUAL FUNDS NEWS
Mutual fund equity AUM surges 46% to Rs 23.12 lakh crore. Did you make money?
Thu, Mar 28, 2024     Source : Economic Times
The total assets under management of equity mutual funds surged by 46% in FY24, an analysis by ETMutualFunds showed.
MUTUAL FUNDS NEWS
India's top AMC SBI Mutual Fund's AUM less than 1% of US-based Blackrock: Porinju Veliyath
Sat, Mar 09, 2024     Source : Mint
AUM of India's top AMC SBI Mutual Fund is below one per cent of top US AMC
MUTUAL FUNDS NEWS
AMFI allows distributors to earn trail commission on switched AUM
Wed, Mar 06, 2024     Source : Mint
In a best-practices circular released on Tuesday, the Association of Mutual Funds in (AMFI) India said distributors can now earn trail commission on assets under management (AUM) switched to them by invest...
MUTUAL FUNDS NEWS
Top mutual fund AUM surge 45% in 2023 – What’s driving the fund flow
Wed, Feb 28, 2024     Source : Financial Express
Topping the list with a staggering 57% growth in total average AUM is the Tata fund house, closely followed by Nippon India Mutual Fund, which achieved a commendable 46% growth.
MUTUAL FUNDS NEWS
Indian mutual fund industry likely to hit Rs 100 lakh crore by 2030: Axis Capital
Sat, Feb 24, 2024     Source : Economic Times
The Indian mutual fund industry is expected to become Rs 100 lakh crore in valuation by 2030, according to a report by Axis Capital.
MUTUAL FUNDS NEWS
LIC MF sees assets touching Rs.1 lakh cr by FY25
Tue, Feb 20, 2024     Source : Business Line
The fund house has registered 78 per cent growth in AUM to ?32,000 crore so far this fiscal against ?17,978 crore in December quarter last year
MUTUAL FUNDS NEWS
We are targeting Rs 1 trillion in AUM by 2026: LIC Mutual Fund CEO
Thu, Feb 15, 2024     Source : Financial Express
‘We plan to strengthen our equity fund management team. Given how competitive this industry is, consistent performance is what matters.’
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